Military Recruiting and Retention Improvement Act of 1999

[AI summary unavailable — showing source text] TABLE OF CONTENTS: Title I: Pay and Allowances Title II: Retired Pay Title III: Thrift Savings Plan Title IV: Montgomery GI Bill Benefits Title V: Report Military Recruiting and Retention Improvement Act of 1999 - Title I: Pay and Allowances - Waives during FY 2000 any required adjustment in the rates of monthly military basic pay in conformance with the General Schedule of the Federal Government. Increases such pay by 4.8 percent, effective on January 1, 2000. Provides: (1) an increase in such pay as of July 1, 2000, for officers and enlisted personnel within specified pay grades; and (2) a pay increase for each of fiscal years 2001 through 2006 of one percent over the percentage increase as calculated under the Employment Cost Index. (Sec. 103) Extends through December 31, 2002, specified authorities currently scheduled to expire on December 31, 1999, with respect to certain special pay and bonus programs within the regular and reserve armed forces, as well as for military nurse officer candidates, registered nurses, and nurse anesthetists. Title II: Retired Pay - Repeals a Federal provision which provides a formula reduction in the retired pay of military personnel who first bec…